China3D printingOn October 22, the German electric motor parts company Additive Drives GmbH has received a seven-figure seed investment from AM Ventures. Presumably that means they got at least €1 million in investment? Or maybe 9 million euros, although that seems a bit much for a seed investment.
The main goal of Additive Drives is to3D printingCopper coils, a key part of the electric motor, will hit the market next year. The company notes that it can take up to seven months to build a prototype of the electric motor due to the complex winding tools required to manufacture and set up the process. However,3D printingCopper prototypes can be produced in just a few days, speeding up test cycles and shortening time to market. Combined with the production network, the entire electric motor can be prototyped in a short period of time. According to Additive Drives co-founder Axel Helm, the company is able to achieve 100 percent conductivity according to international copper standards.
Additive Drives via3D printingHairpins, copper bars instead of winding wires achieve 100% conductivity. They can do this for radial flow, axial flow and cross flow motors. The company was helped by TU Bergakademie Freiberg and Saxeed. Additive Drives has some common use cases, including electric motor assemblies for formulating student cars. They also make parts for pedelecs (high-speed electric bicycles). The company also states that a batch engine can be customized.
We’re very excited about the additional drive.We know that copper3D printingIt will open up new fields of application in radiators, brazing and engines with astonishing commercial value.if you can pass3D printingA slight optimization of performance with copper windings can have a huge impact on engine and vehicle companies. A slightly more efficient engine will have a major impact on mileage and overall vehicle value.
With a wide variety of electric engines coming into electric vehiclesmarket, e-bikes, cars, trucks and ships, many of which Additive Drives technology can be applied to. More importantly, the company can make an engine manufacturer or parts supplier more competitive by drastically reducing their time to market. Of course, this needs to be proven in production. Is this technology feasible for building millions of electric vehicles? In terms of cost, is it usable in smaller vehicles, or does it only make sense in high-performance applications?
Additive Drives will use the new investment fund to launch products and expand business into “prototype, high-performance series applications” to enable3D printingEnables “motors to achieve unexpected levels of performance and efficiency”. With this archetype, benefits can be imagined. At the same time, “application-optimized geometries can be achieved for tandem applications, which are not feasible in conventional manufacturing. Performance improvements of up to 45 percent can be achieved.”
Arno Held, Chief Risk Officer at AM Ventures said:
“Additive manufacturing is becoming more mature and is opening up applications that are revolutionizing the industry. Additional drives are a good example. With the significant acceleration in product development time and the dramatic increase in weight, volume and performance Raised, this product will not only electrify motorsport, aviation and micro-mobility, but will also contribute to electrification.”
Additive Drives CEO Dr Jakob Jung added:
“Since our inception in July 2020, we have successfully entered the automotive market. Our vision is to halve the development time of electric motors and expand our technological leadership in additively manufactured electric motors.”
AM Ventures is a great company to join as an investor as it is family owned behind polymer and metal sintering giant EOS, offering you a wealth of expertise. The depth of knowledge in EOS and the EOS ecosystem as an organization is very important and useful. So AM Ventures itself offends someone is doing something interesting.The company is on an incredible value proposition in a market filled with thousands of emerging markets, and it would be an exciting start-up.
China3D printingNet original article!
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